Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.

“It’s coming full circle for me being here,” said the Alabama-born Reid, who started his fashion career as a manager at a Saks Fifth Avenue in Dallas, though he later admitted that he quit because he did not get along with his superior. And it took him five years to get the retailer to pick up his line. “The argument I kept getting was, ‘We don’t know where to put you. Should we put you in contemporary? Designer? Main floor? I used to get so ticked off about that, finally I was like, ‘I’m proud of that!’ ”

“I absolutely remember that,” said Jennings. “He knows who he is and he knows what he stands for. But through all the ups and the downs he’s been so patient with us and professional. He’s a Southern gentleman.”

The label, made up of suits, separates, and accessories, is now in eight Saks locations across the country. In New York City, Billy Reid sits on the seventh floor next to luxury brands like Versace, Dior, and DSquared2.

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@rebeccaminkoff is bringing self-checkout to high fashion: The brand has partnered with @queuehop to bring its customers self-checkout options, beginning this holiday season at its SoHo store. (📷: @aurorarosephoto)

It was a big night for Demna Gvasalia at the Fashion Awards 2016 in London: The designer took home the award for international ready-to-wear designer for his work at @balenciaga, while his brand @vetements_official scooped international urban luxury brand. (📷: @giovanni_giannoni_photo)

Despite decades of enforcement, the plague of sweatshops still exists in America: "The sad reality is for workers in this industry there are still incredible problems and workers in this industry are subjected to inexcusable levels of violations of our basic labor standards." - David Weil, The Department of Labor Wage and Hour